Since coming into office, the Obama Administration has taken an antagonistic stance against Americas oil and natural gas producers–energy sources that power our country– barring exploration along most of our coastline and threatening to levy job-killing tax increases. In an attempt to push back against this anti-growth agenda, [Continue]
I have not been able to find a clear answer about this so I will try here. If a person is collecting unemployment in the state of ARIZONA, and looking for work but has enrolled in a Business Degree Program at the Community College, can he/she continue to collect unemployment? The schedule, even though full [Continue]
The federal government is big, unwieldy and incompetent. Is there something about large organizations that by definition make them incapable of operating effectively and efficiently? No. Wal-Mart is the largest private employer in the United States and one of the largest in the world. It employs 1.8 million Americans and another quarter of a [Continue]
A new WSJ/NBC poll shows 64% of Americans believe the economy hasn't hit bottom, up from 53% in January. And about two-thirds say President Obama has fallen short on handling the economy and the budget deficit. Obama's "big mistake was over-promising in a situation where it was very difficult for anyone to deliver," says Gary [Continue]
No other recession in the last 60 years saw such rapid job destruction. Friday's grim labor report is the latest confirmation that our economy is not recovering. A loss of 131,000 jobs and a stagnant 9.5% unemployment rate are bad enough. But a deeper lookat the little-known civilian employment-population ratioshows how hard [Continue]
Do we need a constitutional amendment to require Congress to start each session with an episode of Sesame Street so they'll never forget how to count? (The following rant has been brought to you by the letters F, U, B, H, O.) First off, I can't tell anymore what is news and what is editorial, [Continue]
"Unemployment in Washoe County jumped to 13.6 percent in June, a new high as recession continued to chill the job market, the state reported today. The statewide rate also reached another record, 14.2 percent, according to the Department of Employment, Training and Rehabilitation report." HARRY REID IS DOING WONDERS FOR NEVADANS, EH? [Continue]
According to House Speaker Nancy Pelosi (D-Calif), persisting high rates of unemployment arent the bad news a lot of doomsayers contend. That is, as long as the unemployment checks keep coming. As Pelosi sees it, the spending of these checks by the unemployed is an underappreciated stimulus to the economy. A working person is bogged [Continue]
Unemployment has shifted from a lagging indicator to a leading one and is warning government policymakers to confront problems in an economy mired in slow growth, Pimco co-CEO Mohamed El-Erian told CNBC. The consideration of unemployment as a lagging indicator is a favorite mantra among economists who believe the rate primarily looks at the past [Continue]
The good news is that unemployment has fallen to "only" 9.5 percent. The bad news is that the jobless rate is down only because so many people have given up hope of finding work. Perversely, the jobless who aren't actively looking for jobs are not counted as "unemployed." Perhaps there should be a new category: [Continue]
The unemployment insurance system is in crisis due to a combination skyrocketing unemployment and in some cases poor planning. A record 20 million Americans collected unemployment benefits last year, and twenty-six states have run out of funds and been forced to borrow from the federal government, raise taxes, or cut benefits. In [Continue]
Remember how Archie Bunker described a meathead? Dead from the neck up! Well, here’s another “meathead” statement by Nancy Pelosi: “ create jobs faster than almost any other initiative you can name.” Read more… View full post on The FOX Nation [Continue]
Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said Thursday. Talking to reporters, the House speaker was defending a jobless benefits extension against those who say it gives recipients little incentive to work. By her reasoning, those checks are helping give somebody a job. "It [Continue]
U.S. unemployment is likely to stay high for a long time, two Federal Reserve officials said Wednesday, suggesting the U.S. central bank is in no rush to raise its ultra-low interest-rate policy. The dovish comments, from Chicago Federal Reserve President Charles Evans and Federal Reserve Governor Elizabeth Duke, came two days before a government [Continue]
California Unemployment Report Fosters Doubts On Recovery The addition of 28,300 jobs in May mostly represents temporary census positions, adding to fears that the state's climb out of the recession will take longer than expected. Alana Semuels June 18, 2010 California added 28,300 jobs to its payrolls in May, but many were temporary [Continue]